Casino Information – Resorts World Catskills In Trouble, No Casinos For Chicago, Tough Rock Las Vegas Closing For Renos
This week’s casino news starts us of in upstate New York where one of the most lavish, innovative casinos is on the verge of bankruptcy. Can the Resorts World Catskills be saved still?
Resorts World Catskills On Verge Of Bankruptcy
The upstate casino that is largest in New York is reportedly on the verge of bankruptcy adhering to a couple of years in which it absolutely was unable to generate profits. According to the report, the Resorts World Catskills was hit with a $36 million loss in the quarter that is last. The company is seriously considering bankruptcy that is claiming an effort to square away its debts.
The casino’s shareholder that is largest, the Genting Group, has placed forward a proposition to buy out the staying shares regarding the company from the parent company Empire Resorts. According to an SEC filing by the company that is publicly-traded the $1 billion casino in Monticello suffered operating losses of $73.5 million through the conclusion of June. If Empire Resorts does not take the deal with the Genting Group, it could likely have to apply for Chapter11 bankruptcy so that you can negotiate its debts with creditors.
After projecting $300 million in revenue for 2019, the Resorts World Catskills is currently on pace to fall almost $100 million short of that mark. It will be interesting to see what route the Genting Group decides to take moving forward following a stunning financial revelations.
Highest Gaming Tax Structure In U.S. Keeps Chicago From Opening Casinos
An independent analysis based on possible casinos within the Chicago area has revealed that there clearly was major risk associated with any projects in the city because of the ‘highest effective gaming tax and fee structure within the United States’. Union Gaming Analytics, the company that built the report, investigated the potential perspective for casinos in the area after Chicago Mayor Lori Lightfoot put forth her idea for a project that is new. Union Gaming Analytics was paid $100,000 to review five sites that are potential Chicago as potential casino locations.
A decommissioned hospital edged out a golf course and a former metal plant as the most likely destination for a brand new casino within the city based on the Las Vegas-based analytics company. Nonetheless, the report noted that the location did not matter as the proposed gross tax rate of 72 percent would keep any gambling facility from ever getting off the ground. Whether or otherwise not Chicago officials opt to revisit the taxation rates in the populous city in wake of the report is another tale entirely. For now, it appears as if any casino that is potential in the city will be placed on hold, so blackjack players will need to keep looking around for the place to play.
Hard Rock Las Vegas To Close For Eight Months For Renovations
One of this landmark hotel and casino destinations in the Las Vegas will close for eight months starting in February 2020. The Hard Rock Hotel and Casino will entirely shut down operations for two-thirds of the year to make substantial changes to their structures.
While a previous statement by the casino suggested that the renovation period would be limited to four months, that timeline changed dramatically based on the update that is latest.
NFL Betting: Top Five Games For 4 Of The NFL Preseason week
The 4th and final week of preseason is upon us. It is typically the one where teams care the least as the season that is regular lower than two weeks away. However, some position battles are still ongoing. Listed here is a look at five key games to watch on for NFL betting players:
Indianapolis Colts @ Cincinnati Bengals
Thursday August 29th, 2019 7:00 PM ET
There’s absolutely no real way the Colts’ game are as entertaining as last week’s matchup with the Chicago Bears. After all, the news of Andrew Luck’s retirement was tweeted out by ESPN’s Adam Schefter in the center of night’s game, with Luck on the sideline while his teammates and fans slowly learned of the news saturday. It’s potentially news that is devastating an Indianapolis part that went from legitimate Super Bowl contender with Luck under center to fringe playoff contender with Jacoby Brissett as the starter on paper.
Still, there’s some intrigue here as back-up quarterback Chad Kelly is quite talented. He will play this and might push for starts if Brissett struggles week.
NFL Betting Line: Bengals -3
Philadelphia Eagles @ Brand New York Jets
August 29th, 2019 7:00 PM ET thursday
Josh McCown went from retired quarterback to throwing for 192 yards and two touchdowns as the starter for the Eagles in last week’s 26-15 loss to the Baltimore Ravens. This week and it will come against his former team while Carson Wentz is still on track to be ready for Philadelphia in Week 1, McCown will get another crack at game action. McCown helped mentor second-year quarterback Sam Darnold throughout their rookie season. Now he returns to East Rutherford to relax and play lots of friends and teammates that are former.
NFL Betting Line: Jets -3
Baltimore Ravens @ Washington Redskins
August 29th, 2019 7:30 PM ET thursday
Perhaps one of the most appreciated storylines that NFL betting fans will monitor this week is the Ravens’ potential to complete the preseason with a record that is perfect the fourth year in a line. Baltimore is 16-0 over the last four preseasons, which makes them among the most teams that are fun bettors to follow and root for at the moment of the year. Rookie sixth-round pick Trace McSorley went 19-of-28 for 203 yards and two touchdowns in last week’s win over Philadelphia.
NFL Betting Line: Ravens -6
Los Angeles Rams @ Houston Texans
August 29th, 2019 8:00 PM ET thursday
While Indianapolis suffered the blow that is biggest for the preseason with the news of Luck’s your retirement, Houston is dealing with a unique issues. The Texans lost running back Lamar Miller to a torn ACL. They also have some major issues on the line that is offensive they won’t have the ability to fix with most of their starters on the sideline.
Week 4 are an important test for Houston’s backup offensive linemen that need to get ready to be called in to action if need for Week 1 of the season that is regular.
As for the Rams, they have actually rested their starters all preseason and that won’t change this week.
NFL Betting Line: Texans -2.5
Kansas City Chiefs @ Green Bay Packers
Thursday August 29th, 2019 8:00 PM ET
Two teams that have been talked about as potential Super Bowl contenders will meet in Week 4 regarding the preseason hoping them all that they will meet again on the biggest stage of. For both groups, this game are going to be about giving the fringe players on the roster one more chance to showcase their talents. The emergence of rookie running back Darwin Thompson has made the Chiefs’ running back situation a tad bit more interesting. Thompson could see at least a few of snaps once again in Green Bay.
NFL Betting Line: Packers -2
Poker News: Master’s Scheduled Revealed, Ostapchenko Wins Big
This week’s poker news starts with a reveal regarding the 2019 Poker Masters schedule. We now know one of the keys details of that event, which will include an abundance of opportunities for players to win big.
2019 Poker Masters Schedule Revealed
The edition that is next of Purple Jacket chase has been announced. The Poker Masters series tournament will return with Poker Central announcing that the event will take play in very early of this year november. The tournament will play a role that is significant the year-long high roller points chase, which will see one skilled player secure rake-free entries for a range different events looking forward to 2020.
The 2019 edition of the Poker Masters will take place in the PokerGO Studio outside of ARIA in Las Vegas from November 4-14. This season’s routine will look a whole lot different than the 2018 edition of this tournament, with additional of a focus on the games outside of no-limit hold’em. The one thing that will remain the exact same is the $100,000 Main Event, which will look very similar in writing to last year’s primary event.
Keep Memory Alive To Host Second Annual Charity Poker Tournament In September
The Keep Memory Alive organization will host its second Annual Texas Hold’Em Charity Poker Tournament on Friday, September 27, 2019 during the Keep Memory Alive Event Center in Las Vegas. Hosted by the casino legend Jack Binion, every one of the proceeds raised at the occasion will be donated to the Cleveland Clinic Lou Ruvo Center for Brain Health. The hospital shall use the profit its combat neurodegenerative conditions including Alzheimer’s, Huntington’s, Parkinson’s, several Sclerosis and ALS.
The tournament is going to be open to anybody 21 and over real-money-casino.club with a $500 buy-in that is initial. The prize that is first-place happens to be set at $10,000 with a few runner-up prizes including fancy trips, expensive jewelry, and exclusive chef dinners.
With plenty of outstanding rewards and plenty of money being donated to an excellent cause, Keep Memory Alive’s annual poker tournament is one of the can’t miss events on this year’s Poker routine in Las Vegas.
Ostapchenko Emerges As Biggest Winner In Parx Bix Stax 30 Event
Andrew Ostapchenko has had a week that is good. He is the winner that is biggest at this season’s Parx Big Stax XXX event.
Ostapchenko was the final man standing in a field of 455 entries in the Big Stax 1100, using home $97,220 in his first recorded victory that is live. It was additionally their second-biggest career cash after he won over $200,000 into the 2017 World variety of Poker Main Event.
Ostapchenko took a substantial chip lead into the last table and didn’t look straight back. While he took house the massive $97K first-place prize, he wasn’t the only big winner as each of the top five finishers in this specific tournament took house up to $20,000. Meanwhile, the Greg ‘Fish’ Fishberg emerged because the big winner of the Big Stax 2500, raking in $40,000 to their currently impressive $1.6 million total in all-time tournament cash profits.